News from the Wire

First American supports Apple Pay

Tuesday, September 16, 2014 — 13:38:15 (EDT)

Fort Worth, Texas, Sept. 15, 2014 -- First American Payment Systems, a leading payment processor, will allow merchants and partners to accept Apple PayTM, a payment solution based on Near Field Communication (NFC) technology, upon its release in October.

“First American has been watching the evolution of mobile payments and digital wallets closely, preparing our merchants and partners for their acceptance,” said Sarah Guckes, Vice President of Marketing. “We have several products in our portfolio that accommodate Apple Pay and other NFC payments. We are proud to support our merchants and partners with products that keep them competitive in the market and make it easy for their customers to pay.”

In addition to NFC-ready devices, First American also offers EMV-ready devices with NFC capability that will allow merchants to be ready for both Apple Pay and the upcoming EMV requirements in 2015.

“There hasn’t been a better time for merchants to make equipment upgrades,” said Guckes. “With both Apple Pay and the EMV requirements on the horizon, merchants can take advantage of one equipment upgrade to serve their multiple payment needs.”

About First American Payment Systems

First American Payment Systems, L.P., based in Fort Worth, Texas, is a payment processor that provides comprehensive electronic transaction processing services for more than 140,000 merchants throughout the United States and Canada. In addition to credit, debit, and EBT card processing, First American offers a complete line of proprietary business solutions, including 1stPayPOS® tablet-based point-of-sale system, M+Terminal® mobile solution, Secur-Chex® check services, FirstAdvantage® gift cards, FirstPay.Net™ e-commerce solutions, FirstFund® ACH software, Govolution® government e-payments, national ATM sales, and Merimac Capital® point-of-sale equipment and ATM leasing. For more information, visit www.first-american.net .

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Source: Company press release.